Let Flat

20 MILLBANK CRESCENT

BEDLINGTON, NORTHUMBERLAND NE22 5QJ

2 beds 1 baths 850 sq ft Listed 15 Feb 2024 (-844d)

£525 pcm

Save

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9

/ 9

Property details

Floor area

79 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1900-1929

Last sold

£24,000 Nov 2000

Price per m²

£7/m²

Local average

£79,214 (-99.3%)

Deprivation

Decile 4 (12,076 of 33,755)

Street crime

101 incidents within 1 mile (Mar 2026)

Key features

  • Unfurnished - Available February 2024
  • Two Bedroom First Floor Flat
  • Close To Amenities & Transport Links
  • Contact Team Bedlington To Arrange Viewing

Additional details

Heating
Gas
Parking
On street
Garden
Yes

Description

Available February 2024 - Unfurnished

Spacious two bedroom first floor flat situated on Millbank Crescent in Bedlington.

The property is ideally located close to a good range of shops, food take away, bar & leisure facilities, schools and public transport links.

Briefly comprising - entrance hallway leading to a spacious landing, open plan lounge and dining area, kitchen & bathroom, rear access staircase leading to the shared yard, two bedrooms and family bathroom.

Contact out Bedlington Team to arrange your viewing.

Tenant Referencing Criteria:

Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property. As part of this process, we will undertake:
• A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
• An affordability assessment to ensure applicant’s income will sufficiently cover the rental payments.
• To pass the affordability check, each applicant’s gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties). EG If the rent is £500 PCM, applicants would need to earn £15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
• Each applicant’s affordability is assessed individually against the criteria. However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
• Self-employed applicants will require an accountant’s reference and should have accounts for a minimum of two years.
• Employment checks to confirm your start date, salary and if your position is permanent.
• Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
• A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease. This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner.
• ‘Right to rent’ ID checks.

Applicants (including those that are students, are unemployed, receive or Universal Credit) that don't have a gross annual basic income (excluding commission/bonus) of 30 times the monthly rent, have adverse credit, have not been in their current employment for 6 months or it is not a permanent position WILL REQUIRE A HOMEOWNER GUARANTOR.

Council Tax Band: A
Deposit: £550.00
Length Of Tenancy: 12

Listed by

Bedlington

Pattinson Estate Agents

Reference: 144771425

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 12/12/2019

Current heating cost: £497/year

Potential heating cost: £402/year

Est. upgrade cost to C: £10,020

Recommendations

  • Cavity wall insulation (£500 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Low energy lighting for all fixed outlets (£20)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Sold 22/11/2000 (25 years ago) £24,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
29 SEATON AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AY £35,000 16/12/2025 Flat
30 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £64,950 15/09/2023 Flat
Same street 8 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £75,000 06/03/2023 Terraced
36 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £60,060 16/12/2022 Flat
5A GLADSTONE TERRACE, BEDLINGTON, NORTHUMBERLAND, NE22 5DB £59,000 26/08/2022 Flat
3 ALFRED AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AZ £46,000 12/07/2022 Flat
37 ALFRED AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AZ £90,000 11/07/2022 Flat
4 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £63,000 22/06/2022 Flat
19 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £56,500 25/03/2022 Flat
20 ALFRED AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AZ £68,500 23/03/2022 Flat
Same street 16 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £72,000 26/01/2022 Other
Same street 17 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £72,000 26/01/2022 Other
6 GORDON TERRACE, BEDLINGTON, NORTHUMBERLAND, NE22 5DE £45,500 20/01/2022 Flat
25 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £50,000 10/12/2021 Flat
38 ROSALIND AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BA £60,000 22/10/2021 Flat
Same street 18 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £120,000 08/10/2021 Terraced
22A ALLGOOD TERRACE, BEDLINGTON, NORTHUMBERLAND, NE22 5QX £50,000 01/07/2021 Flat

Street average: £84,750 (4 sales)

Area average: £57,578 (13 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 4.2%
10y growth 33.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Northumberland. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.7%
5y (index) 9%
10y (index) 26.3%

Rental Range

Estimated market rent for Northumberland. Low = conservative, Realistic = average, Optimistic = best case.

Low £604/mo
Realistic £671/mo
Optimistic £738/mo

Based on Local Authority from postcode lookup → Northumberland.

LHA (30th percentile) floor for Northumberland: £424/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Beech Grove 0.1 miles
Shop Hair @ Zincaba 0.2 miles
Shop Vulcan Place Garage 0.2 miles
Train station Bedlington 0.9 miles
Train station Blyth Bebside 1.3 miles
University Blyth Marine Station 3.6 miles
Hospital St George's Hospital 4.9 miles
Hospital Northgate Hospital 6.0 miles
University Newcastle University 10.8 miles

Street-level crime

Category Count
Violence and sexual offences 33
Anti-social behaviour 22
Shoplifting 17
Criminal damage and arson 11
Burglary 3
Drugs 3
Other theft 3
Other crime 2
Public order 2
Theft from the person 2
Vehicle crime 2
Robbery 1
Total incidents 101

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bedlington Whitley Memorial Church of England Primary School Primary 0.2 miles Requires improvement — 4 Feb 2024
Stead Lane Primary School Primary 0.5 miles Good — 13 Jul 2023
Bedlington West End Primary School Primary 0.6 miles Good — 24 Apr 2024
St Bede's Catholic Primary School Primary 0.7 miles Requires improvement — 14 Dec 2023
St Benet Biscop Catholic Academy Secondary 0.7 miles Good — 8 Mar 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Millbank Terrace, NE22 £550/mo 2 0.01 miles OpenRent
2 Bed Flat, Millbank Crescent, NE22 £550/mo 2 0.05 miles OpenRent
2 Bed Flat, Victoria Terrace, NE22 £575/mo 2 0.24 miles OpenRent
2 Bed Flat, Front Street East, NE22 £1,450/mo 2 0.24 miles OpenRent
2 Bed Flat, Deanery Street, NE22 £625/mo 2 0.53 miles OpenRent
2 Bed Semi-Detached House, Elenbel Avenue, NE22 £675/mo 2 0.65 miles OpenRent
2 Bed Semi-Detached House, Stirling Drive, NE22 £600/mo 2 0.76 miles OpenRent
2 Bed End Terrace, Stirling Drive, NE22 £695/mo 2 0.78 miles OpenRent
2 Bed Terraced House, Glassey Terrace, NE22 £695/mo 2 0.8 miles OpenRent
2 Bed Terraced House, Glassey Terrace, NE22 £650/mo 2 0.81 miles OpenRent

Average rent: £707/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 7.8% gross yield avg £84,750 sale, £550/mo rent
Rent ratio 121.52%
Max investor price (0.8%) £79,750
Target investor price (1%) £63,800
Gross yield 1458.3%
Cost-to-rent ratio 0.1×
Monthly cashflow £547/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4312.4%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).